Weee! Stock

E-grocer Weee! has raised $425 million in a late-stage funding round led by SoftBank Vision Fund 2, riding on investor interest in a sector that has been one of the biggest winners of the pandemic.

This new monster round comes about a year after another big fundraise of $316 million in Series D financing.

The company, which delivers Asian and Hispanic grocery items, more than doubled revenue last year. It plans to use the capital to enter new areas.